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Some banks and credit unions do not verify savings accounts through chexsystems so it really depends on the bank or credit union .
Right now ING direct is an excellent place if you are looking for a savings ONLY. They will not run chexsystems.
related question for more help
Are_there_any_banks_that_do_not_use_Telecheck_or_Chexsystems
Wiki User
∙ 13y ago
Wiki User
∙ 13y agoThere are many banks that will open accounts for those in chexsystems. Your options really depend on the state in which you live
Better Answer
peoplescashsolutions dot com (Peoples Bank in Paris, TX). This bank will give you a 2nd chance even with having bad credit and being on Chexsystems at the same time.
Peoples Cash Solutions will not open an account for those that have "fraud" listed on their chexsystems report, however, "account abuse" is not an issue.
Wiki User
∙ 13y agoBanks and credit unions report incidents to ChexSystems to protect themselves and other banks in the future. You get reported to ChexSystems if your account is closed for good cause.
Some banks will accept you once posted to ChexSystems list provided the debt has been settled. The only way to be guaranteed an approval is to find a non chexsystems bank or a bank that will make an exception for those reported
Wiki User
∙ 14y agoIt really depends on where you live as to what your options are. There are nation-wide banks that can help as well.
Try Chase - they let me get an account online even though I had on my ChexSystems a "fraud suspicion" from BoA. I have also heard that if you try for a joint account on Wells Fargo's website that you have a pretty good chance of being allowed an account.
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If you have a savings account levied and the levy is more then the balance in the account can you open a new savings account in another bank or does it show up through out all banks?
no not until the bank report you to chexsystems thank you very much for reading this answer.
Can you open a savings account if you are on chexsystem?
Answer Most banks that use chexsystems will not allow you to open an a savings or a checking account if you have been reported. There are more credit unions that allow those reported to chexsystems to open a savings if you are eligible for membership even if your chexsystems report is stopping you from having a checking with them.There are some Nationwide banks like ING Direct that will allow anyone to open a savings account. They do not use chexsystems at all. Of course ING requires a person to link to an existing checking account. Chances are a person on ChexSystems doesn't have any kind of bank account nor can they get one. So pursuing opening an account with ING is not possible.Paying the debt owed to the reporting bank will NOT remove you from chexsystems. Many times paying off a debt that is owed to the reporting bank(s) can cause you to be reported even longer. The bank or credit union is allowed to report you 5 years from the last date that the account was paid on/or paid off.AnswerEventually it will just be easier to pay off the bank that put you on chexsystems in the first place. Often people get into trouble with overdraft fees, particularly before the 2010 laws, but they still owe the money, and there is really no way out without settling up with that bank.
Where can you open a bank account that does not use chexsystems?
There are many banks that do not use chexsystems and there are some that offer second chance checking and make exceptions for those that have been reported to chexsystems.
Where can you open a savings account?
You can open a savings account at any bank or credit union. There are online bank savings accounts, too.
You already have an account with us bank even though you are in chexsystems you want to use a new bank none will take you Does'nt your active account prove anything?
NO, IF A BANK USES CHEXSYSTEMS THEY WILL NOT CONSIDER THAT YOU HAVE AN ACCOUNT AT A BANK ALREADY AS A WAY TO DETERMINE IF THEY WILL OPEN AN ACCOUNT FOR YOU.
what do i do i have a cheking account with w.f.?
Most banking institutions will require that you are not in chexsystems in order to open a checking account. Chexsystems is what most banks use to see what kind of history you have with other banks (like if you owe money).
How much does it cost to open a savings account with INTRUST bank?
There is no cost to open a savings account at INTRUST; there are minimum that are needed to open one. For Money Market the minimum is $5,000.00, for a regular savings account, $100.00 and for the Youth Savings Program, $10.00
Can you open a bank account with a negative mark from check systems?
There are some banks will not open an account to anyone reproted to chexsystems but yes there are some banks that offer second chance checking and others that make exceptions. There are also some banks that do no use chexsystems at all
Can I open a savings account if I have a judgment against me?
Yes, you can open a savings account if a bank allows you to. Usually banks are not as strict with savings accounts as they are with checking accounts.
How much the initial deposit to open a savings account at bpi family savings account?
1000
Why open an savings account?
A savings account is a good place to keep money safe for future needs.
Can you open a savings account while in chapter 13?
yes you can open a savings and a checking both
